We're fucked

[Anonymous No.26959506]

"Citron's Andrew Left, a famed short-seller, also felt the heat from Reddit investors after he predicted last week that the stock would fall by 50%. Left ultimately closed out his short in GameStop for a loss, as did Melvin Capital."

https://www.businessinsider.com/reddit-day-traders-investors-conflict-with-wall-street-hedge-funds-2021-1

"On Thursday, it jumped even higher, to $483 per share, before halving again. Amid all the chaos, the New York Stock Exchange temporarily halted GameStop share trading more than a dozen times before midday Thursday. It ended the normal trading day down 44% to $193.60, only to jump back..."
https://www.cnet.com/personal-finance/reddits-gamestop-stock-battles-with-wall-street-are-turning-into-a-war/

>All publicly-traded companies have a set number of shares that are outstanding. A stock split is a decision by a company's board of directors to increase the number of shares that are outstanding by issuing more shares to current shareholders. ... In the example of a 2-for-1 split, the share price will be halved.

What happened is that during the great Robinhood jewing, they halved all their stocks, allowing them to buy all 130% and leave us holding the bag.